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SEMINAR ON ALTERNATIVE DISPUTE RESOLUTION

Posted on 25 Jan 2019

Date of the event: 27 Feb 2019

Time: 8:30am-3:00pm

Venue: Mandela Institute (WITS University)

The Companies Tribunal (the Tribunal) in partnership with the Mandela Institute hosted a seminar aimed at promoting a culture of resolving commercial disputes through Alternative Dispute Resolution (ADR).

The use of ADR that is mediation, conciliation and arbitration is gaining momentum world- wide in the resolution of disputes especially within the business environment. This momentum is due to the fact that the business fraternity want to avoid long delays and costs associated with litigation. Since its inception the Tribunal has at no cost provided mediation for disputes relating to company law, where parties chose ADR instead of litigation. The resolution of such disputes has preserved business relationships and assisted parties to reach mutually beneficial resolution of disputes and co-operation.

The seminar was aimed at making stakeholders and members of the public aware of the Tribunal’s ADR mechanism of resolving company disputes.

The seminar was intended to attract law practitioners, the business fraternity, academics and the legal fraternity. The seminar took place as follows: